HOW TO AVOID COMMON INVESTOR MISTAKES — NOT REALISING THE IMPORTANCE OF LOCATION [VIDEO]

Today we discuss the importance of location, because not all land is created equal.

Watch today’s video as I explain why…

Some of the points we discuss are:

  • Location will do the bulk of the heavy lifting of your property’s performance and then owning the right property that location makes up the balance.
  • Desirable Location 300x200At Metropole we have statistics dating back close to 30 years on all the suburbs in every capital city in Australia and some significant trends have emerged. Of course there are exceptions, but in general the capital cities have outperformed regional Australia.And the inner and middle ring suburbs of the capital cities have exhibited significantly stronger capital growth compared to the outer suburbs.
  • If money was no choice and you ask people where that want to live, you’d find in general will be close to the CBD or close to the water and these are the areas where land will remain more valuable in the foreseeable future.
  • Gentrification is one of the driving forces that pushes up land value, and while over the last 20 years this occurred in our inner suburbs.
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Michael Yardney

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit Metropole.com.au


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